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    Property profile & analytics

    205 Broadway St South Haven, MI 49090-1471

    • Office buildings
    • 1,391 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 07, 2022
    $360,000
    Location Intelligence
    Property ID
    US43-2283564
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lake Michigan Powersports / Motor Vehicle Dealer / Golf Cart Dealer
    • Dr. Richard Strabbing / Otolaryngologist
    • Dr. Seth Palmer / Otolaryngologist
    • Dr. Kristina Manion / Otolaryngologist
    • Stefan Kuipers / Physician Assistant

    Property Details for 205 Broadway St

    Year built
    1985
    Lot size
    0.23 lot acres
    Property size
    1,391 SF
    Zone code
    B-2
    Property type
    Office buildings
    APN
    80-53-767-100-00
    APU
    805376710000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $355,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $305,000
      Mixed-Use
      $305,000
      Hospitality
      $365,000
      Educational
      $320,000
      Residential Income
      $375,000
      Energy
      $305,000
      Income-Based Land
      $355,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    South Haven
    County
    Van Buren
    State
    Michigan
    Longitude
    -86.2707
    Latitude
    42.4062
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $4,018
    $0.00
    $0.00
    $94,600
    -
    $0.00
    $0.00
    $189,200

    Comparable in this City

    • Value Estimation by Request
      1,126 SF

      206 Ctr St, Unit 2

      OFFICE BUILDING • 1,126 SF
      206 Ctr St, South Haven, MI 49090-1312
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    • Value Estimation by Request
      5,760 SF

      12490 M 140

      OFFICE BUILDING • 5,760 SF
      12490 M 140, South Haven, MI 49090-8422
      View Details
    • Value Estimation by Request
      1,120 SF

      562 Broadway St

      OFFICE BUILDING • 1,120 SF
      562 Broadway St, South Haven, MI 49090-1420
      View Details
    • Value Estimation by Request
      1,341 SF

      555 Broadway St

      OFFICE BUILDING • 1,341 SF
      555 Broadway St, South Haven, MI 49090-1457
      View Details
    • Value Estimation by Request
      1,130 SF

      546 Phoenix St, Unit 2

      OFFICE BUILDING • 1,130 SF
      546 Phoenix St, South Haven, MI 49090-1194
      View Details
    • Value Estimation by Request
      1,664 SF

      6445 73rd 12th St

      OFFICE BUILDING • 1,664 SF
      6445 73rd 12th St, South Haven, MI 49090-9153
      View Details

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      0.01 Acres

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    Similar Nearby for Lease

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    • $14 SF/Yr
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      Neighborhood centers • 29,025 SF
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    • Contact for pricing
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    205 Broadway St
    South Haven, MI 49090-1471
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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